Macroeconomics
Danila: If The Monetary Policy Is So Good, Why Is Romania Struggling?
After four years during which the Romanian economy has remained under the threat of recession, it would be high time for the central bank to move away from its “wait and see” approach, says...
Romania Forex Reserves Down By EUR2B In 2012 To EUR31.2B
Romania’s foreign currency reserves rose slightly in December but ended 2012 below previous year’s levels, central bank data showed Thursday.
50 Trends For 2013
Romania's economy will rise 2%. Hidroelectrica will get out of insolvency. Another 150 km of highway will be finalized. Bancpost could merge with Banca Romaneasca. These are just a few of th...
IMF To Visit Romania Between Jan 15-29 For Review Of Stand-by Agreement
A team from the International Monetary Fund will visit Bucharest between January 15 and 29 to review Romania’s performance under a EUR3.6 billion stand-by agreement, the fund said in a state...
Business Outlook: Constructions Activity Seen Falling Further in Dec '12-Feb '13
Romanian companies expect construction activity will decline between December 2012 and February 2013, as demand continues to weaken, the statistics institute INS said in a survey Friday.
INS: Romania Housing Permits Down 21.3% On Month In November
Romanian housing permits fell 21.3% to 2.758 units in November, from 3,320 units a month earlier, the country’s statistics institute INS said Friday.
After No Growth In 2012, An Economic Rebound Next Year Is Seen Modest In The Absence Of EU Funds, FDI
Economic analysts anticipate the economy will grow in 2013, with estimates for an increase of the gross domestic product ranging between 0.5% and 2.2% after the Romanian economy returned to...
2013 Brings New Challenges, Including Electricity, Natural Gas Price Increases
Romanians will face new challenges next year when several measures approved by the local authorities will take effect, most concerning price increases.
Florin Georgescu Leaves FinMin Forex Reserve Almost As He Found It: At EUR4.4B
The Finance Ministry has a foreign currency liquidity reserve of EUR4.4 billion, only EUR200 million more than on May 8, when Florin Georgescu, the suspended first deputy governor of central...